5601 Delfren Lane
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2023 | Sold | ||
| Sold | |||
| Nov 10, 2023 | Listed by Compass RE Texas, LLC - Katy | $249,000 | |
| Listed by Compass RE Texas, LLC - Katy | |||
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Welcome home to the rare opportunity in sought after "Old Katy" at 5601 Delfren Lane. You are going to love the location, the massive, oversized corner lot, and the care that has gone into this home. Sitting one block from both Katy Park and Mary Jo Beckham Park, an easy walk to the Katy ISD elementary school and bike ride away from the Jr High this location is so ideal. The corner lot offers mature trees, and large storage shed and plenty of green grass to run and play. Inside is all updated with beautiful wood-like tiled flooring. Fresh paint throughout and tiled showers in both baths. This is what you've been looking for. Call today to see how perfect this home, its location and the value really is.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017